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changing rapidly as a factor in the environment is to knowledge across the board, primarily information technology in various manifestations and that seems like a drastic reshaping, but also can have effects on where the apparent power resources, traditional kinds of nontraditional kinds. although we often highlight the potential for empowered individuals can go around and cause havoc using new technologies and new dangers and threats, there's a new bond film out. every bond film has featured some transnational nonstate actor going on with the technology causing havoc. i'm not sure how terribly new threat that is. new technologies seem to reinforce the power of existing orders. if you think of the degree to which the national ecological revolution has reenergized the north american energy markets is fundamentally reset politics towards the traditional powers in the west rather than away from them come when you think about drones in the war on terror and the degree to which technology has allowed a tight footprint that is far more effective in many respects than the specific task of gett
document. the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor
are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we follow gree
Search Results 0 to 2 of about 3